steven moore, and jackie calmes. let's just ask you two, first, so set the stage. will it be armageddon? should we all start hoarding gold? you get such differing opinions about what would happen. >> well, january 1, no, no big deal. particularly if the treasury decides to freed holding schedules. but by the end of january, things start to get uncomfortable, by end of february, we have the debt ceiling, and that would be cataclysmic. >> this does seem to put a little more time on the plate of congress, which sends to expand the time you give -- >> look, i think you have very different ideological views. i think raising tax rates is harmful, could cause a recession. i think the spending cuts would be positive for the economy. the democrats believe the opposite of that. this is a dispute over very big ideas. this is not a small dispute, it's a dispute about the future of our federal budget and how we will operate in washington. >> as we said earlier, there is a consensus that they will get something, it's the congress, you know. is that consensus beginning to -- >> i